This is a routine announcement, and the products and services mentioned may not be applicable in your region.

Dear users:

In an investigation of a market maker for GoPlus Security (GPS), we found that this market maker is also responsible for the market making activities of the MyShell (SHELL) project.

To better protect Binance users, we have taken the following additional measures against the improper behavior of this market maker:

• The market maker has been removed and prohibited from engaging in any further market making activities on Binance

• The relevant earnings of the market maker have been confiscated and will be used to compensate users of the GPS and SHELL projects (the detailed compensation plan will be determined and announced by the relevant project teams)

Remind all project parties authorized by Binance to ensure that their market makers comply with the following principles and rules:

• Ensure that there are limit orders supporting both buy and sell orders

• Ensure that there are sufficient order sizes within the specified depth levels

• Provide healthy and stable market depth in the trading market

• Ensure that limit orders are kept for a certain period to avoid high-frequency order cancellations disrupting the market

Any project party authorized market maker that does not comply with or violates these principles and rules will face further actions from Binance to better protect our users.

Thank you for your long-term support and affection for Binance. We will continue to build the blockchain ecosystem in an open, transparent, and sustainable manner.

Thank you for your support of Binance!

Binance Team

March 9, 2025